Commodity Derivatives Trader (Exotics and Correlation products), Dubai

  • USD 120,000 - 140,000
  • Dubai, United Arab Emirates
  • Permanent, Full time
  • Redstone Commodity Search
  • 13 Dec 17 2017-12-13

Redstone Commodity Search are working with a global agricultural commodity trading house seeking a commodity derivatives trader to focus on exotics and correlation products. The position will be based in their Dubai office.

Redstone Commodity Search focus on offering 360° search solutions to the global commodities markets. With a competitive coverage of Trading Houses, Producers, Majors, Utilities, Merchants, Hedge Funds, Investment Banks and Brokerages; Redstone Commodity Search can confidently offer you an edge in today’s volatile market.

Redstone Commodity Search are working with a global agricultural commodity trading house seeking a commodity derivatives trader to focus on exotics and correlation products. The position will be based in their Dubai office.

Key Responsibilities / Tasks

  • Responsible for trading exotic derivatives, structured products and correlation products in agricultural commodities and FX
  • Structuring, pricing and risk management of products in oilseeds, grains, cotton, cocoa, livestock, sugar, coffee, soybeans for corporate clients in emerging markets
  • Products include Asian options, barriers, accumulators and compos (composite options)
  • Working closely with sales teams (some travel to key regions to support business)
  • Quantitative research analysis to support and implement pricing and model development

Key Qualifications / Experience

  • 5 years’ experience in a similar trading position
  • Strong knowledge of pricing, structuring and risk management of exotic derivatives and correlation products
  • Background in any asset class (Equities, Fixed Income, Commodities, FX) can be considered
  • Good programming skills (Python, Matlab)
  • Located in Dubai (or happy to relocate to Dubai)